PDD Holdings Inc. (NASDAQ: PDD)

Internet Retail · Shanghai, China · Founded 2015

$130.0B

Market Cap

$35.0B

Revenue

17,000

Employees

$10.0B

Net Income

📊 Key Statistics for PDD Holdings Inc. (PDD)

Market capitalization: $130.0 billion
Annual revenue: $35.0 billion
Net income: $10.0 billion
Employees: 17,000
Sector: Consumer Cyclical
Headquarters: Shanghai, China
Founded: 2015

Source: Statvoo company profile for PDD Holdings Inc.. Browse all 500+ companies

📋 About PDD Holdings Inc.

PDD Holdings is the parent company of Pinduoduo, China's most disruptive e-commerce platform, and Temu, the international shopping app that has taken Western markets by storm. Pinduoduo pioneered group-buying mechanics that gamified online shopping and captured hundreds of millions of price-sensitive Chinese consumers. PDD's market capitalization has at times rivaled Alibaba's—stunning for a company founded in 2015.

pinduoduo.com analysis · Visit website →

💰 How PDD Holdings Inc. Makes Money

PDD earns revenue through advertising fees and transaction commissions from merchants on its platforms. Temu's international expansion connects overseas buyers directly with Chinese factory output, compressing the supply chain and undercutting traditional retail pricing.

📜 Key Milestones

Colin Huang founded Pinduoduo in 2015, and the platform reached 100 million users within two years by targeting lower-tier Chinese cities. PDD went public on NASDAQ in 2018. Temu launched in the US in September 2022 and became the most downloaded shopping app in America within months.

📊 Financial Overview

Market Capitalization	$130.0B
Annual Revenue	$35.0B
Net Income	$10.0B
Profit Margin	29%
Revenue per Employee	$2058824K
Stock Exchange	NASDAQ
Ticker Symbol	PDD

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

Pinduoduo's "team purchase" model turned shopping into a social game—users recruit friends to unlock lower prices, creating viral loops that cost almost nothing in marketing. Colin Huang stepped down as chairman at age 41, citing a desire to pursue food science research.

📝 Analyst Take

PDD is the most aggressive disruptor in global e-commerce right now, but Temu's subsidy-fueled growth is burning cash at a pace that demands scrutiny. Regulatory headwinds in the US and EU could clip its wings before profitability arrives internationally.

❓ Frequently Asked Questions